China Magnesium Shares float
What is the Shares float of China Magnesium?
The Shares float of China Magnesium Corporation Limited is 150.543M 29.76%
What is the definition of Shares float?
Shares float is the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock.
= annual shares outstanding - closely held shares
Shares float represents the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock held by promoters, company officers, controlling-interest investors, or government. This number is sometimes seen as a better way of calculating market capitalization because it provides a more accurate reflection of what public investors consider the company to be worth. In this context, the float may refer to all the shares outstanding that can be publicly traded
The float is calculated by subtracting the locked-in shares from outstanding shares. Stocks with smaller floats tend to be more volatile than those with larger floats. In general, the large holdings of founding shareholders, corporate cross-holdings, and government holdings in partially privatized companies are excluded when calculating the size of a public float.
Shares float of companies in the Materials sector on ASX compared to China Magnesium
What does China Magnesium do?
Sovran White International Limited engages in processing and selling magnesium, coke, fertilizer, and related products in Western Australia and internationally. The company also offers magnesium alloys, as well as semi-coke, calcium metal, tar oil, and other industrial products. In addition, it is involved in the production of magnesium ingots. The company was formerly known as China Magnesium Corporation Limited and changed its name to Sovran White International Limited in June 2020. Sovran White International Limited was founded in 2007 and is based in Brisbane, Australia.
Companies with shares float similar to China Magnesium
- International Lithium has Shares float of 150.401M 64.31%
- Sokoman Minerals has Shares float of 150.458M 70.22%
- Evrim Resources has Shares float of 150.464M 86.78%
- Brixton Metals has Shares float of 150.511M 39.54%
- Fuse Cobalt Inc has Shares float of 150.542M 103.43%
- Fuse Cobalt has Shares float of 150.542M 103.43%
- China Magnesium has Shares float of 150.543M 29.76%
- Liu Chong Hing Investment has Shares float of 150.608M 39.78%
- ARHT Media has Shares float of 150.735M 113.17%
- 1414 Degrees has Shares float of 150.794M 75.15%
- Canadian Utilities has Shares float of 150.886M 76.33%
- Canadian Utilities has Shares float of 150.886M 76.77%
- Datable Technology has Shares float of 150.916M 108.16%